Once you can wrap your head around the idea of ROI you will be off to the races when it comes to analyzing deals. This video lesson breaks down what a return on investment is, how it should impact your analysis of a deal and why it 'levels the playing field' so to speak when it comes to comparing and contract properties to one another.
ROI really focuses on the importance of what a property yields as a return and moves away from the arbitrary nature for us to want properties for the cheapest price. Sometimes the cheaper properties are not the better deal.
- Learn how to calculate an ROI
- Understand the purpose of analyzing deals for ROI